Speaking at the Reagan Defense Forum in California, JPMorgan CEO Dimon dismissed recent moves by the US to bolster the nation's digital asset reserves, arguing that real-world defence logistics, rather than blockchain assets, should be prioritised. Dimon said "we shouldn't be hoarding bitcoin, we know what we need, it's no secret, guns, bullets, tanks, planes, drones and rare earths should be prioritised". Earlier this year US President Donald Trump called for the establishment of a...
JPMorgan CEO Dimon: We are fully prepared for interest rates to rise to 5%.
JPMorgan CEO Dimon: The Federal Reserve is right to stay on the sidelines now.
Dimon, chief executive of JPMorgan Chase, warned that bond markets were "set to crack" after "massive overspending" and quantitative easing by the US government and Federal Reserve. "I just don't know if there will be a crisis in six months or six years, and I hope we can change the trajectory of debt and the ability of market makers to make markets," Dimon said. "Unfortunately, we may need it to wake us up." Dimon has said several times in recent years that he is concerned about global deficit ...
JPMorgan Chase CEO Dimon said that the Federal Reserve is right to stay on the sidelines now. We are fully prepared for interest rates to rise to 5%. The Federal Reserve can try to manipulate long-term interest rates, but this manipulation will not last long. Artificial intelligence may have a deflationary effect, but it will not appear next year.
JPMorgan's Treasury client survey showed that in the week to May 27, the share of bears rose by 2 percentage points, the share of bulls fell by 2 percentage points, and the neutral share remained unchanged. All client surveys showed that the share of bears hit a new high since February 10 and the share of net longs hit the lowest since February 3.
JPMorgan upgraded emerging market stocks from "neutral" to "overweight" this week. It is expected that all developing economy central banks except Brazil will start easing cycles. The theme of Chinese consumption is very attractive at present! Click to view...
Kevin Hassett, director of the White House National Economic Council, said he disagreed with Jamie Dimon, chief executive of JPMorgan Chase, on the risk of stagflation, after he said the US faced a risk of stagflation and that the Fed was justified in staying put.
Analysts at JPMorgan said that while the regulatory framework for stablecoins in the United States is gradually advancing, market forecasts that the total supply of stablecoins will triple or quadruple from about $240 billion today to nearly $1 trillion in the next one to two years are "overly optimistic". Of the two stablecoin bills proposed in the US, the Senate's GENIUS bill and the House's STABLE bill, the former currently has more support. Just earlier this week, the Senate voted to advance...
According to The In Formation, JPMorgan Chase (JPM. N) will provide a loan of about $7 billion for the construction of the OpenAI data center.
Zhu Haibin, Chief Economist of JPMorgan China, said at the press conference of the JPMorgan Global China Summit in 2025 that the contribution rate of consumption and investment to the economy is expected to increase this year due to the impact of domestic policy adjustments. Judging from the current structural transformation of the economy, Zhu Haibin believes that the April data shows that the strength and weakness of the economic structure are still very obvious. The new economy, especially te...
JPMorgan CEO Dimon: The probability of a recession is 50%.
Erdoes, head of asset and wealth management at JPMorgan Chase: The rating agencies' decision will not affect investors' asset allocation in the US market, and trading is expected to be "healthy" for the rest of 2025. (Jin Ten)
1. JPMorgan Chase CEO: Will allow customers to buy bitcoin, but will not provide custody services for it. 2. JPMorgan Chase: Bitcoin network hashrate rose slightly in the first two weeks of May. 3. Bitget Research Institute: Bitcoin is expected to rise to $180,000 this year. 4. The US Senate voted 66 in favor of a procedural motion to pass the GENIUS Act. 5. The SEC commissioner said most crypto assets are not securities and supported the issuance of clear guidance. 6. The US SEC postponed its d...
On May 20, according to FOX Business, Dimon, the chief executive of JPMorgan Chase, said that JPMorgan Chase will allow customers to buy bitcoin, but the policy change does not change his views on the cryptocurrency. "We will allow you to buy bitcoin," Dimon told investors. "But we will not hold it in custody, it will only be reflected in the customer's account statement." Previously, JPMorgan Chase CEO Dimon said that he would never buy bitcoin personally.